The Maryland Lottery and Gaming Control Agency (MLGCA) has released the state’s November gaming revenue, showing that the six casinos in the Old Line State generated $157.7m from slots and table games. This result is down 3.5% year-on-year.
As a result, tax contributions are also slightly lower annually, with $66.2m (down 2.3%) going to the state this November and $47.7m specifically going to the Education Trust Fund (down 3.1%). Other funding from the state’s casinos is used to aid the communities where the properties are located, the local female and minority-owned businesses and the state’s horseracing industry.
Sports betting in the state, however, has been increasingly popular. October 2023 was the state’s highest recorded total with $5.8m contributed from both retail and mobile sportsbooks. The MLGCA also published its 2022-2023 fiscal year report recently (July 1 2022 to June 30 2023), showing that over $1.5bn was contributed to the state during that period based on $2bn in casino revenue.
MGM National Harbor was the casino that generated the most revenue in November 2023, reaching $66.6m though it suffered an annual decrease of 6.9%. It is the Maryland casino with the most table games (207) and the property with the second-highest number of slots (2,275).
The property with the most slot machines (3,850) is Live! Casino & Hotel, which generated just over $58m and saw an increase of 1.6% annually. It is also has the second-highest number of table games (179).
The venue with the third-highest amount of both slot machines (1,374) and table games (122) is Horseshoe casino, which saw its revenue decrease 10.6% year-on-year to $14.6m.
The three properties with fewer than 1,000 slot machines and 25 table games generated the least amount of revenue, though Ocean Downs casino rose annually by 7% to reach just over $7m and Hollywood Casino rose 0.1% to reach $6.8m. Rocky Gap Casino saw a 6.5% decrease to $4.6m.
